Geothermal Energy in Nicaragua

Nicaragua will include 36 MW of geothermal energy to the national grid later this month. The 36 megawatts are part of the 72 megawatt geothermal energy field generated by the San Jacinto-Tizate, located in the municipality of Telica, province of León and the Pacific volcanic chain of Nicaragua.

Those 36 megawatts of renewable energy that will come in the next few days to the national grid will mean a decrease in fuel consumption.

In the second phase of the San Jacinto-Tizate geothermal energy project, to be concluded in late 2012 or early 2013, will generate another 36 megawatts, for a total of 72 new megawatts, bringing the energy savings will be up to 80 million dollars annually.

San Jacinto geothermal energy project-Tizate is executed by the company Polaris Energy Nicaragua, a subsidiary of Canadian company Polaris Geothermal Inc. (PGI). For the generation of 72 megawatts of power with the force of the volcanoes, Polaris will invest a total of $ 415 million in equity and loans from international organizations, said the minister, who made ​​an inspection by the San Jacinto geothermal field -Tizate.

This plant generates 10 megawatts and with the addition of 36 new megawatts by the end of this year, will generate a total of 46 megawatts in its first phase of expansion. According to government estimates, in 2015 the interconnected system of power generation in Nicaragua to 80% depend on natural resources and 20% thermal.

By José Santamarta,